Thanks for the help.
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How can I measure the slope of a line?
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How can I measure the slope of a line?
Hello, how can I measure the slope of a line, in Ninja Trader?
Thanks for the help.Tags: None
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Hello ELDAVIDOLOCO,
Thank you for your post.
Unfortunately, there is not a drawing tool to measure the slope. You can use Slope() in NinjaScript to measure the slope of a Plot/DataSeries: http://www.ninjatrader.com/support/h.../nt7/slope.htm
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Originally posted by ELDAVIDOLOCO View PostHello, how can I measure the slope of a line, in Ninja Trader?
Thanks for the help.
Let's say the start of the line is at Close[n] and the end at Close[0]. From geometry, we would say that X1 = n, Y1 = Close[n], X2 = 0 and Y2= Close[0].
The formula for the slope of such a a line is:
(X2 - X1)
-------------
(Y2 - Y1)
so in NinjaScript terms this comes out as:
Code:double m = - n / (Close[0] - Close[n]);
Hope this helps.
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Originally posted by arbuthnot View PostEven though, as Patrick says, there isn't a drawing tool to measure the slope, it can be calculated using some math that you may remember from school.
Let's say the start of the line is at Close[n] and the end at Close[0]. From geometry, we would say that X1 = n, Y1 = Close[n], X2 = 0 and Y2= Close[0].
The formula for the slope of such a a line is:
(X2 - X1)
-------------
(Y2 - Y1)
so in NinjaScript terms this comes out as:
Code:double m = - n / (Close[0] - Close[n]);
Hope this helps.
Comment
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Thanks, Koganam!
You are right - I am wrong!
My math degree has been rescinded and I'm sliding down the slippery - er - slope?
At my third attempt, this is the equation:
Code:double m = (Close[n] - Close[0]) / n;
It's important to quibble otherwise wrong information can be left in the Forum, which helps no one.
Much obliged to you for pointing this out.
Cheers!
Ed
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